THIRD-COUNTRY MONETARY DISTURBANCES IN A CHANGED INTERNATIONAL ECONOMY: THE CASE OF BRAZIL AND MEXICO
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My paper is divided into four parts. The first part contains a brief review of recent changes in the structure of the international economy. The second part briefly reviews the recent experience of Brazil in its relations to the international economy, while the third part discusses Mexico's experience. The fourth section discusses some of the institutional and policy implications that follow from the previous three sections. At the end I will have some concluding comments.